House prices are at all time lows and are continuing in that general direction. Mortgage rates are lower than 4% for a 30 year fixed rate without points if your credit is really good. Good buys abound and there are some short sales and foreclosures available. Even traditional home sales are very well priced. The Jumbo Loan level will drop approximately $100,000 come September so if you are looking in the $600-$700,000 price range, NOW IS THE TIME TO BUY!
Once the mortgage rates start to rise, buyers will have missed the bottom of the market and sellers will not be as flexible as they are at the moment. Let's make a deal - that's the thinking right now in the real estate market.
ZIP Code: 10520 Location Characteristics: Croton-on-Hudson is a charming village nestled along the Hudson River and serviced by the Hudson Division of the MetroNorth Railroad. The views of the Hudson along Route 9/9A are spectacular. If a house enjoys these views, the price is probably astonomical. Further away from the water, houses are a little more affordable, but tend to be a little older and a little smaller than the neighboring towns to the east. There are many fine restaurants, historic sites, waterfront activities, and a nice downtown area.
About Geri Schwalb, Associate Broker:
Nothing says more about who you are than where you live! I've dedicated myself to finding out all I can about you - your dreams, your desires, and your very personal, very individual taste. Then I focus in on homes that don't just fit you, they suit you. It's the only way to make sure that where you live, says who you are.
Live Who Your Are!
Get answers to all your real estate questions on any of my web sites: www.YorktownHomesConnection.com; www.MahopacHomesConnection.com; www.CortlandtHomesConnection.com;
These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.
